front cover of Ecological Economics
Ecological Economics
A Workbook for Problem-Based Learning
Joshua Farley, Jon D. Erickson, and Herman E. Daly
Island Press, 2005

Ecological economics addresses one of the fundamental flaws in conventional economics--its failure to consider biophysical and social reality in its analyses and equations. Ecological Economics: Principles and Applications is an introductory-level textbook that offers a pedagogically complete examination of this dynamic new field.

As a workbook accompanying the text, this volume breaks new ground in applying the principles of ecological economics in a problem- or service-based learning setting. Both the textbook and this workbook are situated within a new interdisciplinary framework that embraces the linkages among economic growth, environmental degradation, and social inequity in an effort to guide policy in a way that respects fundamental human values. The workbook takes the approach a step further in placing ecological economic analysis within a systems perspective, in order to help students identify leverage points by which they can help to affect change. The workbook helps students to develop a practical, operational understanding of the principles and concepts explored in the text through real-world activities, and describes numerous case studies in which students have successfully completed projects.

Ecological Economics: A Workbook for Problem-Based Learning represents an important new resource for undergraduate and graduate environmental studies courses focusing on economics, environmental policy, and environmental problem-solving.

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front cover of Ecological Economics
Ecological Economics
Principles And Applications
Herman E. Daly and Joshua Farley
Island Press, 2003
Conventional economics is often criticized for failing to reflect adequately the value of clean air and water, species diversity, and social and generational equity. By excluding biophysical and social systems from their analyses, many conventional economists overlook problems of the increasing scale of human impacts and the inequitable distribution of resources. Ecological Economics is an introductory-level textbook for an emerging paradigm that addresses this flaw in much economic thought. The book defines a revolutionary "transdiscipline" that incorporates insights from the biological, physical, and social sciences, and it offers a pedagogically complete examination of this exciting new field. It provides students with a foundation in traditional neoclassical economic thought, but places that foundation within a new interdisciplinary framework that embraces the linkages among economic growth, environmental degradation, and social inequity. Introducing the three core issues that are the focus of the new transdiscipline -- scale, distribution, and efficiency -- the book is guided by the fundamental question, often assumed but rarely spoken in traditional texts: What is really important to us? After explaining the key roles played by the earth's biotic and abiotic resources in sustaining life, the text is then organized around the main fields in traditional economics: microeconomics, macroeconomics, and international economics. The book also takes an additional step of considering the policy implications of this line of thinking. Ecological Economics includes numerous features that make it accessible to a wide range of students: more than thirty text boxes that highlight issues of special importance to students lists of key terms that help students organize the main points in each chapter concise definitions of new terms that are highlighted in the text for easy reference study questions that encourage student exploration beyond the text glossary and list of further readings An accompanying workbook presents an innovative, applied problem-based learning approach to teaching economics. While many books have been written on ecological economics, and several textbooks describe basic concepts of the field, this is the only stand-alone textbook that offers a complete explanation of both theory and practice. It will serve an important role in educating a new generation of economists and is an invaluable new text for undergraduate and graduate courses in ecological economics, environmental economics, development economics, human ecology, environmental studies, sustainability science, and community development.
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front cover of Ecological Economics, Second Edition
Ecological Economics, Second Edition
Principles and Applications
Herman E. Daly and Joshua Farley
Island Press, 2009
In its first edition, this book helped to define the emerging field of ecological economics. This new edition surveys the field today. It incorporates all of the latest research findings and grounds economic inquiry in a more robust understanding of human needs and behavior. Humans and ecological systems, it argues, are inextricably bound together in complex and long-misunderstood ways.
According to ecological economists, conventional economics does not reflect adequately the value of essential factors like clean air and water, species diversity, and social and generational equity. By excluding biophysical and social systems from their analyses, many conventional economists have overlooked problems of the increasing scale of human impacts and the inequitable distribution of resources.
This introductory-level textbook is designed specifically to address this significant flaw in economic thought. The book describes a relatively new “transdiscipline” that incorporates insights from the biological, physical, and social sciences. It provides students with a foundation in traditional neoclassical economic thought, but places that foundation within an interdisciplinary framework that embraces the linkages among economic growth, environmental degradation, and social inequity. In doing so, it presents a revolutionary way of viewing the world.
The second edition of Ecological Economics provides a clear, readable, and easy-to-understand overview of a field of study that continues to grow in importance. It remains the only stand-alone textbook that offers a complete explanation of theory and practice in the discipline.
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front cover of The Local Politics of Global Sustainability
The Local Politics of Global Sustainability
Thomas Prugh, Robert Costanza, and Herman Daly
Island Press, 2000

The most difficult questions of sustainability are not about technology; they are about values. Answers to such questions cannot be found by asking the "experts," but can only be resolved in the political arena. In The Local Politics of Global Sustainability, author Thomas Prugh, with Robert Costanza and Herman Daly, two ofthe leading thinkers in the field of ecological economics, explore the kind of politics that can help enable us to achieve a sustainable world of our choice, rather than one imposed by external forces.

The authors begin by considering the biophysical and economic dimensions of the environmental crisis, and tracing the crisis in political discourse and our public lives to its roots. They then offer an in-depth examination of the elements of a re-energized political system that could lead to the development of more sustainable communities. Based on a type of self-governance that political scientist Benjamin Barber calls "strong democracy," the politics is one of engagement rather than consignment, empowering citizens by directly involving them in community decisionmaking. After describing how it should work, the authors provide examples of communities that are experimenting with various features of strong democratic systems.

The Local Politics of Global Sustainability explains in engaging, accessible prose the crucial biophysical, economic, and social issues involved with achieving sustainability. It offers a readable exploration of the political implications of ecological economics and will be an essential work for anyone involved in that field, as well as for students and scholars in environmental politics and policy, and anyone concerned with the theory and practical applications of the concept of sustainable development.

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front cover of Steady-State Economics
Steady-State Economics
Second Edition With New Essays
Herman Daly
Island Press, 1991

First published in 1977, this volume caused a sensation because of Daly's radical view that "enough is best." Today, his ideas are recognized as the key to sustainable development, and Steady-State Economics is universally acknowledged as the leading book on the economics of sustainability.

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